TLDR of hyperliquid precompiles: EVM chains on HL (ie HyperEVM & Elysium) have precompiles (basically built in blockchain functions) that allow them to query prices of hypercore assets For example rn on HyperEVM, you can make a simple RPC call to the chain to get the mark price of $HYPE Elysium doesn't have this ability rn but will be able to in 4 weeks. The diff b/w elysium and hyperEVM is that elysium's prices will update every 70ms (hyperEVM is every 1s) And elysium will be able to query entire orderbook, while hyperEVM can only do bid/ask/mark A blockchain being able to query the full depth of a separate orderbook in real time is p cool. Maybe some volatility based univ4 hooks could use such information
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